The U.S. Residential Undercounter Refrigerators Market is expected to grow with a CAGR of 2.8% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.
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The U.S. residential undercounter refrigerators market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favorable market scenario. The major players dealing in the U.S. residential undercounter refrigerators market are introducing a wide range of products. This helped companies to maximize the sales with enhanced product portfolio.
Some of the major market players engaged in the U.S. residential undercounter refrigerators market are LIEBHERR, True Manufacturing Co., Inc., Summit Appliance (Brand of FELIX STORCH, INC.), The Middleby Corporation, Perlick Corporation, Whirlpool Corporation, Haier Group, Danby, Smeg S.p.A, Sub-Zero Group, Inc., among others.
For instance,
- In March, 2022, U-Line and Marvel Refrigeration jointly introduced BrightShieldTM antimicrobial lighting inside select refrigeration and ice-making products. It provides around-the-clock protection on any surfaces that the light touches from viruses, bacteria, mold, and mildew. This development helped the company to use its expertise and innovate its product technology.
Some of the major market players engaged in the U.S. residential undercounter refrigerators market are LIEBHERR, True Manufacturing Co., Inc., Summit Appliance (Brand of FELIX STORCH, INC.), The Middleby Corporation, Perlick Corporation, Whirlpool Corporation, Haier Group, Danby, Smeg S.p.A, Sub-Zero Group, Inc., among others.
The Middleby Corporation
The Middleby Corporation was founded in 1888 and is headquartered in Illinois, the U.S. The company is focused on providing most advanced solutions for commercial, industrial, and residential foodservice. It has business segments including commercial foodservice, food processing, residential kitchen, out of which, residential kitchen is the market focused segment. The company offers various products such as foodservice and beverage, residential, food processing among which residential is the market focused category. It has presence in Europe, Asia, Latin America, North America, and Oceania. In addition to it, the company also generates its revenue through various subsidiary companies such as Middleby Marshall Inc (U.S.), Middleby Philippines Corporation (Philippines), U-Line Corporation (U.S.), Aga Rangemaster Group (U.K.), Wells Bloomfield LLC (U.S.), among others.
Sub-Zero Group, Inc.
Sub-Zero Group, Inc. is headquartered in Wisconsin, U.S. as private ownership and was founded in 1945. The company is focused on providing smart home appliances under its brands wolf, cove, sub zero. The company has several product categories which are SUB-ZERO, WOLF, COVE under which SUB-ZERO is the market focused product category. The company has wide presence in North America, South America, Europe, Asia-Pacific, and Middle-East & Africa. It has subsidiaries including Sub-Zero Freezer Company, Inc. (U.S.), Wolf Range Company (U.S.).
Whirlpool Corporation
Whirlpool Corporation was founded in 1908 and is headquartered in Michigan, the U.S. The company focuses on providing the best global kitchen and laundry solutions for improving life at home. It has business segments including laundry, refrigeration, cooking, dishwashing, spare parts & warranties, and other, out of which our focused category is refrigeration. The company offers various product categories such as kitchen, laundry & home, parts & accessories among which kitchen is market focused category. The company has presence in North America, Europe, Middle East and Africa, Latin America, and Asia. In addition to it, it generates its revenue from various subsidiary companies such as Maytag (U.S.), Indesit Company (Italy), Bauknecht (Germany), JennAir (U.S.), Whirlpool Of India Ltd. (India), and others.
